After reviewing the M charts of top altcoins, it seems that almost every one of them has quite good M chart support, and it depends on FOMO or the flow of money from investment funds.

At the current time, holding a particular altcoin for the long term at x10 is really challenging for investors. As the rate of listing fake coins increases day by day, any coin that reaches x4 or x5 has already been sold off heavily and switched to a new one or another coin.

The current market prioritizes this. Buy the dip, sell the peak, and then look for buying and selling opportunities again. The definition of long-term holding seems to have become less suitable recently for generating higher returns.

Overall, altcoins are not looking too bad; the M chart has very good support. We are entering the sw area (adjustment and accumulation).

With the support of M charts, many coins will show a sw trend. Therefore, it might be a good idea to sell some when overbought. And look to buy back when there is a correction. For this M peak to drop, it must encounter a significantly large variable to fall. So in the short term, the safest strategy is to sell when there is an increase after a correction.

Taxes are also stable. The period of trade wars has passed.

Monetary policy is also stable. There are no signs of interest rate hikes.

Overall, the market is stable. There is nothing to worry about.

Besides Bnb and eth, which are being pumped and FOMOed by MM, there are no signs of correction. The evidence is that the M candle is still very green. Everyone knows that eth will close a green candle this month. The trend remains very positive.